Newsletter ➢ ᴀFKAғ•2018#13

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Browser View Forward to a Friend 27 April 2018#13 Aisleworx PFC#03 is entering a new phase. CEO and founder Doug is moving to the US and Rudi will step on the US board of the new US media company. US investors are bringing $1.6m cash, retail expertise and connections. Theoretically a 3x round but let's not count our eggs before the hen squeezes through the hatch marked Exɪᴛ. Garry deserves a big thank you! He stepped on the board on a temporary basis only to find that last nearly three years. Both Doug and Rudi have totally valued his contribution over that time. Stepping down from the Aisleworx board will give him more time to focus on Hot Lime Labs, especially as he will be spending more time in Europe near kids and grandkids. You know you have invested early when the startup only comes up with the logo after funding but you also know the founder has the priorities right. Vlatko is one like that and behind FKA's PFC#13.  Still, no website but this article gives some background.  Garry is our investor rep and comes with a positive progress update: the first milestone has been successfully accomplished with slightly better gas emission rates from the prototype than expected. Consequently, we will release the second tranche from our trust account to HLL FKAngelina Debra is helping with Zino Innovation Hub that is all about supporting great Kiwi companies to grow in Chinese speaking markets. Their May Workshop next Thursday will be great value for founders and funders alike, more details and registration ☞ HERE. Let's help Debra! On Tuesday Callaghan Innovation, FKA and NZVIF offered their perspectives on startup funding, represented by Max, Rudi and Chris respectively. 30 peeps or so, all was organised by FKAngelina and ecentre CEO Jackie as part of their Startup Toolkit Series. Awesome closing words from Max: "Go to the ADI.Clinic!". We took bookings during the session and all six slots on Thursday were taken up. Two rooms, eight mentors: Genevieve, Hattaf (NZVIF), Michelle (LoJo), Paul (Callaghan Innovation) Rudi, Ryan (FKApprentice) Steve, and Tim. Working with startup founders is infectious. Brain meets Josh and Tim at Ambitai.com at the same time Hattaf Ansari from NZVIF is building his Tɪɴᴅᴇʀ meets business, BrewShout.com. He has been calling into ADI.Clinic regularly for advice and feedback. Don't be shy, check it out. It's all about connecting with investors and mentors. Of course, it's Hattaf from NZVIF! Will it work? Who knows! Does he rate ADI.Clinic? You bet! FKA is always happy2help: in this case with the recruitment campaigns of a partner and a startup. Softly mocking NZVIF for not needing to grow their team if all DD reports put to them would be of FKA standard, humorously bemoaning Spoke paying incoming funds straight out on new staff. Quick update on Spoke: FKA co-investment commitments are standing at $115k now, the total raised at the last EA count was $1.3M.  Callaghan Innovation R&D Growth Grants will be phased out with the introduction of R&D tax incentives by 2019 to help more businesses to undertake a greater amount of R&D. Have your say and give your feedback on the discussion document outlining the main features of the proposal.  Your views will help the development of policy options for the final design of the R&D tax incentive. Thanks, Steffen, for bringing this to our attention. Another German? Great Speakers: 1630-1930, 7 May, B:Hive at Smales Farm ☞ RSVP Sir Peter Maire, Navman  Steven Newman, EROAD John Scott, Navico Greg Shanahan, TIN Reports Chris Baird, Garmin / Fusion This mention two issues ago generated 55 downloads for Lance and Punakaiki Fund. Bugger, maybe we should have agreed on some pecuniary payback from Punakaiki? Not our FKAngel Charlie Not Charlie □ Not Charlie, nor is thisbut he was cycling all of this week.